Global Aerial Imaging Market Grow at a CAGR of 12% During the Forecast Period 2018-2024: Analysis of Key Players, Trends, Drivers
MarketStudyReport.com Adds New Aerial Imaging Market 2018 – 2024 research report providing information and data By Platform, By Imaging Type, By End Use, By Application, Industry Analysis, Regional Outlook, Growth Potential, Trends, Competitive Market Share & Forecast spreading across 300 Pages with table and figures in it.
Aerial Imaging Market Research Report for the period of 2018-2024 that shows the growth of the market is rising at a 12% CAGR to 2024.
Aerial Imaging market is projected to surpass USD 4 billion by 2024. Aerial imaging is the process of taking images/photographs from a point in the air using different imaging platforms such as Unmanned Aerial Vehicles (UAVs), fixed-wing aircraft, helicopters, along with traditional platforms such as kites, parachutes, blimps & balloons, and hand-held or vehicle-mounted poles. Aerial imaging is a useful tool for studying the changes on the earth’s surface over a period of time. The images are particularly useful in analyzing land use and land cover and for comparing the newly recorded data with older data sets.
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The aerial imaging market is projected to exhibit a robust growth with a CAGR of around 13% between 2018 and 2024. The growth can be attributed to the factors such as increasing adoption of UAVs for aerial imaging applications, rising incidents of natural disasters, technological advancements in aerial camera systems, and increasing uptake of aerial imaging platforms in the military and defense sectors for surveillance and monitoring purposes. Also, the adoption of aerial imaging platforms in the government sector for applications such as environmental studies, homeland security, research initiatives, and urban planning is witnessing a steady uptake. Moreover, with the growing popularity of smart cities, aerial photography is likely to play an important role in facilitating the improved management of urban infrastructure in a highly connected and centrally-managed ecosystem.
Aerial images are basically captured in two formats, vertical and oblique images. Vertical images are the most common types of aerial images used for aerial survey and remote sensing purposes. They are more valuable for depicting streets and location of open spaces in the surrounding area. Oblique images are more useful for capturing the appearance of buildings as they are captured from an angle and offer a better perspective. The determination of feature elevation can be more accurate using oblique images as compared to the vertical ones, acquired at the same focal length. Consequently, the uptake of oblique aerial photography is expected to increase significantly between 2018 and 2024.
The competition in the aerial imaging market is driven by technological innovations in drone technology as well as sensor technologies for facilitating the acquisition of high-level aerial images. Due to the aggressive expansion and product development initiatives undertaken by the UAV/drone manufacturers, the competition in the aerial imaging market is expected to intensify over the forecast timeline. Also, with the growing utility of aerial imaging in emerging applications, such as urban planning and disaster management, the demand for imaging services and platforms will increase considerably between 2018 and 2024. Consequently, the companies will take measures to modernize their imaging platforms and offer enhanced and affordable imaging services to their customers.
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North America is projected to account for the majority market share of around 42% by 2024. This key market positioning is attributed to the early uptake of advanced aerial imaging solutions by the government and agriculture sectors and high investments in the drone technology for the military and defense applications in the U.S. With the increasing inclination of the farmers based in the U.S. toward modern precision agriculture practices, the demand for aerial photography is likely to increase consistently over the forecast timeline.
Asia Pacific aerial imaging market is projected to register an accelerated growth at a CAGR of over 16% during the forecast period. With the emergence of low-cost alternatives for aerial imaging in the form of UAVs/drones, their adoption in the emerging economies in the region is expected to increase considerably over the coming five years. Also, with the presence of some of the leading global drone manufacturers in China, the market growth is likely to be supported by the strong sales and distribution network of these manufacturers in the Asia Pacific region.
Table of Content:
Chapter 1 Methodology & Scope
Chapter 2 Executive Summary
Chapter 3 Aerial Imaging Industry Insights
Chapter 4 Competitive Landscape
Chapter 5 Aerial Imaging Market, By Platform
Chapter 6 Aerial Imaging Market, By Imaging Type
Chapter 7 Aerial Imaging Market, By Application
Chapter 8. Aerial Imaging market, By End Use
Chapter 9. Aerial Imaging market, By Region
Chapter 10 Company Profiles
Thermal Imaging Market Application Potential, Competitive Market Share & Forecast, 2018 – 2024
Thermal Imaging Market is projected to surpass USD 10 billion by 2024. Technological advancements in thermographic imagery have led to the development of mobile solutions for numerous applications including surveillance, remote sensing, and space imaging.
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The IP Camera market dynamics, forces, companies and trends have been determined after conducting a detailed study of the industry for this newly released research report now available with Market Study Report.
IP Camera Market is set to exceed USD 20 billion by 2024; according to a new research report. The shipments are poised to grow at over 25% CAGR from 2017 to 2024.
Technological proliferation, ubiquity of internet connectivity and the demand for remote monitoring are expected to drive IP camera market growth over the forecast period. Advancement in technology such as 4K resolution, edge-based video analytics and penetration of H.265 high-efficiency video encoding is also poised to stimulate demand. The growing number of players in the network camera market and availability of low-cost manufacturing has been fueling the growth across the globe. Global terrorist attacks in recent years have highlighted the need for governments to pay more attention to public security. In addition, the dropping IP camera market price trend, has helped shorten the gap with analog systems.
The global IP camera market is marked by trends such as need for high resolution, government investments to improve security infrastructure, reduction in total cost of ownership, and rise in demand from non-security applications such as smart home devices. The growing demand for these systems in non-security applications such as integration with access control systems in smart home automation, e-Point of Sale (POS) terminals, Automatic Number-Plate Recognition (ANPR) are poised to offer additional opportunities for the network camera market. Moreover, other factors such as improved sensor availability, new video analytics capabilities, wider adoption of thermal imaging, mobile access, intelligent building control, 360-degree vision and de-warping are contributing immensely towards penetration of the network camera market.
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These systems have direct connectivity to the internet, therefore, concern among the public regarding data security and privacy could negatively impact IP camera market growth. In addition, these surveillance market solutions are not only expensive, but also pose risk of being vulnerable to destruction and vandalism, thereby hindering growth in developing regions.
The IP camera market has been segmented by product into Fixed, PTZ and Infrared systems. Compact design, electronic PTZ functions, built in IR sensors, and environmentally resistant structures are trends driving adoption of IP cameras over their analog counterparts. Deployment of a particular type of camera system depends upon the application need, lens type, lighting, cabling systems, power requirements and required resolution.
Centralized connectivity in the IP camera market offer basic analytics, video encoding and event triggering functions. Processing functions are carried by the central computer that runs on licensed software. Such solutions are primarily useful for the institutional setting and places where there is a dedicated central monitoring system. However, decentralized connectivity solutions do not require dedicated software and can run individually with built in storage, with the segment expected to grow at a CAGR of over 20%. Decentralized IP cameras are more expensive than centralized solutions, however offer higher flexibility in terms of operation and storage.
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China IP camera market is expected to witness sharp growth due to the presence of a large number of market players offering low cost solutions in the region. Favorable government initiatives on city surveillance, smart city development and penetration of IoT devices are also expected to fuel the demand. Features such as remote monitoring, live video feed on the mobile, single Power over Ethernet (PoE) connectivity, HD resolution and mobile access are driving demand for such solutions in residential applications. Ease of access, remote operation, scalability and flexibility to add more components are some of the key benefits of IP cameras solutions. 4K video surveillance, HD and megapixel cameras are gaining increased penetration across industry verticals.
Key players in the IP camera market include Axis Communications, Bosch Security Systems, Samsung Techwin, Sony Professional, Hikvision Digital Technology, Dahua Technology and Panasonic Security System. Vendors are investing in R&D to develop new technologies that make the solution versatile for diverse applications and environmental conditions. Moreover, they focused on developing technologically advanced solutions to expand industry scope. For instance, in 2016, Axis Communications unveiled their laser focus technology for PTZ cameras that enhances image quality in any lighting conditions. Ensuring a large network of technology partners and professional integrators helps spread the word among end users and encourage benefits of migrating to IP.
IP camera market research report includes in-depth coverage of the industry with estimates & forecast in terms of revenue in USD and shipment in units from 2013 to 2024, for the following segments:
IP Camera Market, By Product
IP Camera Market, By Connection
IP Camera Market, By Application
Public / Government
Table of content:
Chapter 2. Executive Summary
2.1. IP camera industry 360 synopsis, 2013 – 2024
2.1.1. Business trends
2.1.2. Regional trends
2.1.3. Product trends
2.1.4. Connection trends
2.1.5. Application trends
Chapter 3. IP Camera Industry Insights
3.1. Industry segmentation
3.2. Industry landscape, 2013 – 2024
3.2.1. Video surveillance landscape
188.8.131.52. Video surveillance market size & forecast, 2013 – 2024
3.2.2. Security system landscape
184.108.40.206.1. Average lifespan of IP camera
220.127.116.11. Types of security cameras
18.104.22.168. Factor affection cost of security cameras
22.214.171.124. Global security camera market & forecast, 2013 – 2024 (Installed base)
126.96.36.199.1. North America
188.8.131.52.3. Asia Pacific
184.108.40.206.4. Latin America
3.3. Industry ecosystem analysis
3.3.1. Component suppliers
3.3.2. Contract Manufacturers
3.3.5. Resellers & system integrators
3.3.6. End-use landscape
3.3.7. Vendor matrix
3.4. Technology landscape
3.4.1. Evolution of IP cameras
220.127.116.11. Technology aspect breakdown
3.4.3. Artificial intelligence
3.4.4. Video analytics
3.4.5. Deep learning technology
3.5. Price trend analysis, 2013 – 2024
18.104.22.168. North America
22.214.171.124. Asia Pacific
126.96.36.199. Latin America
3.6. Cost structure analysis
3.6.2. Software & other equipment
3.7. Regulatory landscape
3.7.1. North America
3.7.3. Asia Pacific
3.7.4. Latin America
3.8. Industry impact forces
3.8.1. Growth drivers
188.8.131.52. Rising security threats in the U.S.
184.108.40.206. Evolution of manufacturing practices in the UK
220.127.116.11. Favourable infrastructure trends in Asia Pacific
18.104.22.168. Shift in demand from analog to IP cameras in the GCC and Brazil
22.214.171.124. Declining prices of security cameras in Taiwan and China
126.96.36.199. Increasing adoption of commercial security in Middle East
3.8.2. Industry pitfalls and challenges
3.9. Growth potential analysis
3.9.1. Business model
3.10. Porter’s analysis
3.10.1. Threat of new entrants
3.10.2. Buyer’s power
3.10.3. Threat of substitutes
3.10.4. Threat of suppliers
3.10.5. Industry rivalry
3.11. Competitive landscape, 2016
3.11.1. Company market share
3.12. PESTEL analysis
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